Possible short opportunity on EURCAD.
- Price action; in line with the downtrend and 5th touch on the trend line
- Confluence between 200 day EMA, and indicators
- Rejection at 78.6% Fibonacci level
- Fundamentals; EUR weak due to poor vaccine rollout
- Price action; in line with the downtrend and 5th touch on the trend line
- Confluence between 200 day EMA, and indicators
- Rejection at 78.6% Fibonacci level
- Fundamentals; EUR weak due to poor vaccine rollout
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.